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Marcus Corporation (The) (NYSE:MCS) Raises Dividend to $0.09 Per Share
['Michael Walen']
Markets Daily
Marcus Corporation (The) (NYSE:MCS – Get Free Report) announced a quarterly dividend on Tuesday, August 4th.
Investors of record on Tuesday, August 25th will be given a dividend of 0.09 per share on Tuesday, September 15th.
Marcus has raised its dividend by an average of 0.1%per year over the last three years and has raised its dividend annually for the last 2 consecutive years.
Marcus has a dividend payout ratio of 47.8% indicating that its dividend is sufficiently covered by earnings.
Saber Capital Managment LLC acquired a new position in shares of Marcus in the 4th quarter worth approximately $7,836,000.